BTC broke down thru the triangle yesterday and looks to be consolidating as BTC Futures expire this Friday, March 26th. We can expect further downside in the short-term as we push toward another all-time high in April.
Best case scenario: *Volume increases drastically from our current support between 53-54k. (Need the daily close above 55,240)
Likely case Scenario: *We see a drop for the next few days into our buy zone of $48,300-$50,492. (We would hope to see an aggressive bounce to the upside from the 50-MA)
Worst case Scenario: *We drop to our final support channels before we head into a bear market between 43k-45k. (Last stand. If we break support below 43k, the bear market is here.)
Disclaimer: These charts are not to be taken as financial advice as they are my opinions only. Good Luck Traders!
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.